Siemens Gamesa overtook Vestas Wind Systems as top wind equipment manufacturer in 2017, says GlobalData

Siemens Gamesa Renewable Energy SA (SGRE) claimed the top spot for the wind turbine manufacturing.  Firstly, this is in the sphere in 2017.  SGRE managed to install 9.43 gigawatts (GW) and overtaking Vestas.  Vestas ranked second with 7.52 GW of installations in 2017.  This information was according to GlobalData. Seems that they are the leading data and analytics company. SGRE gained ground with a 26.4% rise over the earlier year’s installations, while Vestas Wind Systems So it seems They sadly saw a 14% fall in installations. In the same period. Goldwind came in third.  That’s was followed by General Electric (GE) and both are dropping. That’s one place compared to last year and Enercon was fifth.

Siemens overtook everyone for wind power

GlobalData’s research found that the top five turbine manufacturers accounted for nearly 58% of the total installed capacity in 2017, up almost 7% on the previous year.

Ankit Mathur, Practice Head for Power at GlobalData, comments: “The recent merger of Gamesa and Siemens created a strong place in the industry.  That’s across the onshore and offshore space. The competitive advantage of larger size and scale, along with good geographic diversification, provided the necessary push enabling it to claim the top spot.

Vestas could not hold the top spot from last year against SGRE. The company recently released a report exploring the wind turbine market. The report stated that Vestas had performed strongly throughout all regions. As well, it seems like they particularly had high activity levels in five major markets. The markets are Canada, Mexico, Argentina, China, and India. In conclusion, an all-time high order backlog and increasing offshore activities, watch out. Vestas will be aiming to retake the lead in the coming years.

Xinjiang Goldwind Science & Technology Co., Ltd. took third place in the. This is the largest wind turbine generator (WTG) manufacturer in China. That’s the seventh consecutive year its global new installation market share reached 10.4% in 2017. Goldwind reported that it had accelerated innovation. They actively expanded overseas and offshore wind power markets.

The group made breakthroughs in six emerging markets.  First they started with Uzbekistan, Turkey, Kazakhstan, the Philippines, Argentina, and Brazil.

Source: GlobalData Media Centre, For immediate release: 20 April 2018

This site is protected by wp-copyrightpro.com